Affordable Housing

“The value that McKonly & Asbury offers us is their expertise in affordable housing. They are accepted in the marketplace as one of the leaders in affordable housing in Pennsylvania. McKonly & Asbury is approachable, helpful, and responsive and they always deliver timely.” – Inglis

Check out the full video testimonial here.


Since 1977, McKonly & Asbury has been serving affordable housing developers who have developed dozens of properties, as well as first-time developers who want an expert to walk them through the process step-by-step. We have established relationships with the Pennsylvania Housing Finance Agency, other funding sources, and investors and can assist developers in connecting with them or working through issues with them. We currently serve over 125 affordable housing entities.

Our firm is a recognized leader in providing audit, tax, and consulting services to developers, property management organizations, and others with an interest in affordable housing. We help developers and managers do all the right things so they can continue to create affordable housing!


Services We Provide

  • Financial Statement Audit, Review, and Compilation
  • Annual Tax Return Preparation
  • 10% Tests
  • 50% Tests
  • Development Cost Certifications
  • Cash Flow Analysis and Forecasting
  • LIHTC Application Preparation and Review
  • AHP, HOME, and Other Funding Source Application Preparation and Review
  • Affordable Housing Seminars and Training
  • Agreed-Upon Procedures
  • Due Diligence

To learn more about our Affordable Housing services, please click here.


Affordable Housing Resources

McKonly & Asbury Blog – Affordable Housing Gurus

McKonly & Asbury  – Annual Seminar Series

PHFA – Pennsylvania Housing Finance Agency

Department of Housing and Urban Development

USDA Rural Development

Federal Home Loan Bank of Pittsburgh


Applicable Federal Rates


Affordable Housing Leaders